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Session Laws, 1988
Volume 770, Page 3740   View pdf image
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Ch. 563

LAWS OF MARYLAND

light of the definition of "person", the former
reference to "association, copartnership or
corporation" is unnecessary.

In items (1) and (2) of this subsection, the phrase
"for consideration" is substituted for the former
phrases "for a fee, commission or any other valuable
consideration" and "for a fee", for clarity and
consistency.

In item (3) of this subsection, the phrase "leases or
options" is substituted for the former phrase, "leases
and options" to clarify that dealing in either leases
on real estate or options on real estate may
constitute the provision of real estate brokerage
services.

In item (4) of this subsection, the former phrase "of
charging an advance fee or contracting for collection
of a fee in connection with any contract" is deleted
as unnecessary. The notion of charging or collecting
fees is encompassed in the broader reference to
"engaging in a business".

In item (5) of this subsection, the former reference
to "the District of Columbia" is deleted as included
in the defined term "state".

In item (6) of this subsection, the phrase "serving as
a consultant regarding any activity set forth in items
(1) through (5)" is substituted for the former phrase
"for referral of information concerning such real
estate to brokers", for clarity.

The references in former Art. 56, § 212(a) to any
person who "attempts" or "offers" to do any of the
activities enumerated in the former definition of
"real estate broker" are deleted. Although the former
references to attempting to do certain specific acts
superficially seemed to be but were not properly part
of the definition. The intended effect of those
former references now is covered in the prohibitions
set forth in § 4-601 of this title.

Defined terms: "Person" § 1-101

"Real estate" § 4-101 "State" § 1-101

(L) REAL ESTATE.

(1) "REAL ESTATE" MEANS ANY INTEREST IN REAL PROPERTY
THAT IS LOCATED IN THIS STATE OR ELSEWHERE.

- 3740 -

 

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Session Laws, 1988
Volume 770, Page 3740   View pdf image
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